Car insurance in Thailand comes in a variety of forms.There are typically four types of coverage, the most common of which is First Class insurance, which covers damages to your car as well as any cars with which you collide in the event of an accident.
First-Class Protection (Type 1)
This is the most common type of insurance because it covers your car as well as any third party involved in an accident. Damage to your car, whether you are at fault or not, fire and theft, personal accident insurance, public liability, and bail bond are all covered. Some First Class insurance policies include the best car insurance for value in Thailand deductibles or excess to reduce your premium, but most clients opt for no deductibles because the price difference is minimal.
Insurance for the Second Plus Class (Type 2+)
This type of insurance also covers your car for damages, fire, and theft, but it does not cover the entire value of your car. Third-party, partial coverage for car damage, partial coverage for fire and theft, personal accident, public liability, and bail bond are all included in the coverage. This insurance is similar to Second Plus Class Insurance (Type 2+), but it does not cover fire and theft.This class provides coverage for your car for third-party partial damages, partial coverage for car damages, partial coverage for fire and theft, personal accident, public liability, and bail bond.
Insurance of the Third Plus Class (Type 3+)
This insurance is similar to Second Plus Class Insurance (Type 2+), but it does not cover fire and theft.This class provides coverage for your car for third-party partial damages, partial coverage for car damages, partial coverage for fire and theft, personal accident, public liability, and bail bond.
Insurance of the Third Kind (Type 3)
This type of insurance only covers third-party claims and does not cover your vehicle; however, it does cover Personal Mishap, Open Obligation, as well as Pay the money back Bond.
Steps to implement for Thailand car insurance
Purchasing auto insurance is simple and straightforward. To apply for car insurance, we will need the following documents from you (this applies to all insurance companies):
- Apply online or contact a customer service representative.
- Please include a copy of your passport or Thai driving licence.
- Please include a copy of your Green Book, Registration, or Deed of Sale.
- Invoice Premium Payment
- You’re protected.
- The original documents (policy) will be mailed to you within 7-14 days.
What to do if you are involved in an accident.
In the event of a motor insurance accident, please call the hotline immediately, and an assessor will go directly to the accident site to evaluate the accident. Call the insurance company to report an accident. If you need to move the car quickly before the inspector arrives, take pictures from all angles before doing so. In the case of a hit-and-run, notify the local police station at the scene and inform them of the nature and colour of the vehicle, followed by a call to the insurance company’s hotline. Vehicles that have vanished or been kidnapped should be reported to the local police station immediately, followed by a call to the insurance company’s hotline.
In cases of death or injury, bring victims’ aid to the nearest hospital.